ZIP Code Market Report

ZIP Code 29403

Get a rent estimate for an address in 29403

Rental Market

Avg Rent

$2,962

per month

Median Rent

$2,633

per month

Active Rentals

748

listings

Avg Days Listed

19.59

days on market

Home Sale Market

Avg Sale Price

$1.22M

median $995K

Price Range

$250K

to $4.70M

Homes for Sale

199

listings

Avg Days Listed

64.8

days on market

Key Facts โ€” ZIP 29403

  • Average rent in 29403: $2,962/mo
  • Median rent in 29403: $2,633/mo
  • Rent range: $1,200 โ€“ $9,000/mo
  • Active rentals: 748 listings
  • Rental days on market: 19.59 days
  • Average home sale price: $1.22M
  • Median home sale price: $995K
  • Home price range: $250K โ€“ $4.70M
  • Homes for sale: 199 listings
  • Est. gross rent yield: 2.9%/yr (avg rent รท avg sale price, before expenses)

Frequently Asked Questions โ€” 29403

What is the average rent in ZIP code 29403?

The average rent in ZIP code 29403 (ZIP code 29403) is $2,962/mo. The median rent is $2,633/mo, with active listings ranging from $1,200 to $9,000/mo.

What is the rent-to-price yield in ZIP code 29403?

At an average rent of $2,962/mo and average sale price of $1.22M, the implied gross rent yield in ZIP code 29403 is 2.9% annually. This is a pre-expense figure โ€” it does not account for property taxes, maintenance, insurance, vacancy, or management fees. Net yields are typically 3โ€“5 percentage points lower. Run a full Rent Report analysis on a specific property for a complete cash-flow model.

Is 29403 a good area to rent in?

ZIP code 29403 is a US residential area. With 748 active rental listings and an average of 19.59 days on market, rental demand is currently high. Use Rent Report to analyze any specific property in this ZIP for a comp-backed rent estimate and full investment analysis.

Analyze a property in 29403

Get a full investment analysis โ€” cash flow, cap rate, rent comps โ€” for any address in this zip code.

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